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Air France-KLM picks Cargo Revenue Accounting by Accelya

Accelya will provide Air France-KLM with its Cargo Revenue Accounting (CRA) solution to process and optimise cargo billing, settlement and accounting processes.

Air France-KLM has selected the multi-airline variant to use across the group to provide financial monitoring capabilities to enhance cashflow, revenue recognition and reporting processes.

The fully-integrated Cargo Revenue Accounting platform has been selected to support Air France-KLM’s transition from a system which was built in-house.

Joren Laeven, VP Controlling Commercial at Air France-KLM Cargo, says, “Our decision to invest in a new best of breed cargo revenue accounting solution is another key milestone in our overall technology transformation at Air France-KLM. We were impressed with Accelya’s CRA solution and its capability to manage multi-airline requirements. We also appreciate that Accelya offers comprehensive suite of cargo solutions encompassing offer to settle journey of the shipment.”

Andrew Wilcock, Chief Revenue Officer at Accelya, adds, “Using our Cargo Revenue Accounting solutions, Air France-KLM can optimise its revenue, cash flow and settlement processes. We are thrilled to be supporting the airline’s momentum and are committed to bringing the very best technology and support to Air France-KLM and their customers now and into the future.”